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Posts Tagged: open banking

It’s fair to say that the current noise around Open Banking is almost deafening. We constantly hear about the potential of this new market — driven by APIs — to change financial services by increasing consumer choice, crushing incumbent banks, or making a barrel of cash for a cool startup. Read more

Tomas Prochazka is Head of Product at Tink, a Swedish FinTech company that is democratizing the access to financial data for both retail banks and smaller companies as part of a global open banking movement. Read more

You’ve probably heard the “banks are becoming tech companies” sentiment. It’s an idea that’s been around for years, and it captures what seems like an evolution in the way we consume and use everything from food to money. As consumers, we want options at our fingertips, and perhaps it’s this forcing banks across the world to open up their services with APIs and microservices, and ultimately turning them into tech companies. Read more

There’s a particularly apparent trend in today’s economy: we’re moving away from big, centralized systems towards collaborative, access-based ones. It’s changed the way we shop with websites like eBay, the way we travel with apps like Uber, and the way we get a good night’s rest with portals like Airbnb. Read more

In today’s global economy, it’s no secret that consumer power is growing. Organizations all over the world are rethinking their digital strategies to maximize their customer focus and engagement. In fact, customer engagement is the catalyst that jumpstarts digital transformation, mobile first, and other strategic initiatives that aim to bring legacy systems into the modern digital age. Read more